Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Stay on top of the latest market trends

Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios NW Arkansas

Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Illustration: Annelise Capossela/Axios

Hong Kong's new security law means that companies, international travelers, and governments around the world are now facing decisions about how much they need to extricate themselves from previously close ties to the city.

Why it matters: If Hong Kong remains a major international business hub, China could use it as a lever to significantly erode global free speech norms.

Here are a few areas we're watching:

1. Internet and social media: Facebook, WhatsApp, and Telegram have stopped complying with Hong Kong government data requests while they assess the impact of the national security law.

  • The legislation requires individuals working at internet firms to hand over data and comply with censorship requests, or else face up to a year in jail and large fines.
  • Hong Kong protesters used numerous social media and messaging platforms to organize protests and other activities that are likely now illegal under the new law.
  • My thought bubble: Because the security law applies to speech and organizing anywhere in the world, the global future of digital free speech may hinge in part on what tech companies with operations in Hong Kong decide over the coming weeks.

2. Extradition: Because of its formerly independent judiciary, Hong Kong has extradition treaties with more than a dozen countries around the world, including the U.S., Australia and Germany.

  • But the security law subverts Hong Kong's judicial system, replacing it with specially appointed judges and in some cases funneling suspects directly into mainland China's court system, where convictions and harsh sentences for political crimes are all but guaranteed.
  • Future extradition requests from Hong Kong authorities could target people for political crimes.
  • Canada just announced it was suspending its extradition treaty with Hong Kong.

3. Aircraft: The new law states it applies aboard all Hong Kong-registered aircraft, such as Cathay Pacific.

  • "The big question is if and how other countries would recognize or maybe even participate in what the national security law tries to achieve in international air traffic to and from Hong Kong," Jakob Wert, the editor-in-chief of aviation news site International Flight Network, tells Axios.
  • Alvin Cheung, a legal scholar at New York University, had a different take. "What that means is, don’t fly Cathay," he says.

Go deeper

Aug 26, 2020 - Politics & Policy

Eric Trump says Democrats view the U.S. as "the source of the world's problems"

The president's son Eric Trump tore into Democrats Tuesday evening, saying the party believes "America is the source of the world's problems" during his GOP Convention speech.

Details: "As a result, they believe the only path forward is to erase history and forget the past. They want to destroy the monuments of our forefathers ... They want to disrespect our National Anthem by taking a knee, while our armed forces lay down their lives every day to protect our freedom," he said.

Updated 1 hour ago - World

German election: Social Democrats narrowly beat Angela Merkel's bloc

SPD leader Olaf Scholz. Photo: Sean Gallup/Getty Images

BERLIN — The center-left Social Democratic Party (SDP) clinched a narrow victory in Germany's historic federal elections on Sunday, just four years after suffering its worst loss since World War II.

Why it matters: It's a stunning political comeback for the SPD, paving the way for its chancellor candidate Olaf Scholz to form a new governing coalition and lead Europe's largest economy into the post-Merkel era.

NTSB investigating deadly Amtrak derailment in Montana

Photo: Jacob Cordeiro/Twitter

The National Transportation Safety Board investigators arrived on Sunday evening at the site of an Amtrak derailment near Joplin, Montana, which authorities said killed three people and wounded some 50 others.

The big picture: 141 passengers and 16 crew members were on the Empire Builder train, traveling from Chicago to Seattle and Portland, Oregon, when eight of the 10 cars derailed about 4pm Saturday, per an Amtrak statement.